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Investors Warn Congress: Obsolete Federal Chemicals Policy Threatens Business Recovery
September 27, 2010While attention in Congress is focused on contentious economic stimulus programs, investors reminded legislators today that reforming obsolete federal policy governing toxic chemicals is necessary for American companies to be able to compete better internationally, lower health care costs, enhance productivity, and drive innovation.
An investor letter, sent today, signed by 51 organizations managing more than $35 billion in assets, endorses S.3209, the Safe Chemicals Act of 2010, and H.R. 5820, the Toxic Chemicals Safety Act of 2010. Both bills comprehensively overhaul the Toxic Substances Control Act of 1976 (TSCA). The letter, coordinated by the Investor Environmental Health Network (IEHN) and the American Sustainable Business Council (ASBC), is directed to pertinent members of Congressional committees and subcommittees. Full release






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